DOL Median (Michigan)
$112,986
vs National
-17.3%
National: $136,674BLS Median (area)
N/A
COL-Adjusted
$124,709
Purchasing power equiv.Salary Comparison
This Location (DOL)
$112,986
-17.3% vs national
National Average (DOL)
$136,674
Baseline
BLS Estimate (This Area)
N/A
No comparison
Purchasing Power Analysis
A Financial Managers in Michigan earns $112,986 in nominal terms, which is 17.3% below the national average of $136,674. After adjusting for the local cost of living (index 90.6 vs national 100), this is equivalent to $124,709 in national-average purchasing power.
Tax differences are not included. Only cost-of-living index adjustments are applied.
Top Employers in Michigan
| Employer | Median Salary | Filings |
|---|---|---|
| UAW Retiree Medical Benefits Trust | $335,000 | 2 |
| Flagstar Bank, NA | $290,000 | 3 |
| Carat USA, Inc. | $285,000 | 1 |
| Valeo North America, Inc. | $240,249 | 4 |
| Lear Corporation | $235,000 | 1 |
| Parsec Labs LLC | $230,000 | 1 |
| Bunge Oils, Inc | $227,081 | 1 |
| BorgWarner Emissions Systems LLC | $215,280 | 2 |
| Kellogg North America Company | $210,000 | 1 |
| Bunge North America, Inc. | $202,635 | 2 |
| Ernst & Young U.S. LLP | $200,886 | 53 |
| Medtronic, Inc. | $198,400 | 4 |
| DAZZLERS & TOPPERS PTL INC | $193,500 | 1 |
| FUTURIS AUTOMOTIVE (US) INC | $192,610 | 4 |
| Dana Limited | $192,000 | 1 |
| KSR Industrial Corporation | $190,000 | 1 |
| Dayco Products LLC | $180,000 | 1 |
| PricewaterhouseCoopers LLP | $177,154 | 46 |
| Cargill, Inc. | $176,436 | 3 |
| Stout Risius Ross LLC | $175,000 | 15 |
Explore More
Top-Paying Metros for Financial Managers
Rye, NE · $485,000Independence, OH · $445,000Concord, MA · $416,000Wilkes-Barre, PA · $380,000Beachwood, OH · $375,653Top-Paying Roles in Michigan
Cardiologists · $675,000Orthodontists · $297,149Neurologists · $255,000Arbitrators, Mediators, and Conciliators · $250,000Physicians, All Other · $242,008Frequently Asked Questions
How much does a Financial Managers make in Michigan?
The median Financial Managers salary in Michigan is $112,986 based on 229 DOL filings.
Is Michigan a good place to work as a Financial Managers?
A Financial Managers in Michigan earns 17.3% less than the national median of $136,674, or $124,709 after adjusting for the local cost of living.
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Source: US Department of Labor, Office of Foreign Labor Certification (OFLC) public disclosure files (PERM Form ETA-9089 and LCA Form ETA-9035), and US Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS). Salary figures represent employer filings and government survey estimates, not individual worker pay.